Kurd oil - blessing or another Iraqi hurdle?

Sanders, Sol W.
August 2007
East-Asia-Intel Reports;8/29/2007, p9
The article focuses on Iraq's petroleum industry. Norwegian company DNO is the first foreign firm to begin to drill for oil in Iraq since the 2003 invasion. DNO began work at Zakho on the Turkish border in mid-August 2007. However, the agreement was struck with the Kurdish regional government before the national parliament in Iraq could agree on a final draft of a fossil fuel law. Iraq exported about 1.6 million barrels per day in 2006 totaling over $31 billion and consisting greater than 90% of the federal budget.


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